NASDAQ:AMD   Advanced Micro Devices Inc
Hi guys . Today I have for you a short trading idea at AMD . As we see at the daily chart the price levels cannot break the resistance at 33,26$ , so in that case we might see a correction with target 27$ - 27,5 $. This move tends to be justified also from ADX indicator which made a reversion from the highest levels and the +DI and -DI tend to cross eachother. Also the RSI is at high levels but not oversold . As for the fundamentals its a good timing for a correction because the earnings which will announce at 23/10/2018 tends to be good because of the sales and the promotion. So have fun with this short term trade !
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